1718 W 48th St

$260,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don't miss this opportunity to own a versatile two-story property just one block from bustling 47th Street. The first floor offers over 2,000 sq. ft. of commercial space, currently zoned B3-1, perfect for retail, office, or a variety of business uses. Upstairs, you'll find a large 3-bedroom apartment with generous living space, plus an additional attic area for storage or potential expansion. Ideal for investors, business owners, or those seeking live/work opportunities. Conveniently located near...Don't miss this opportunity to own a versatile two-story property just one block from bustling 47th Street. The first floor offers over 2,000 sq. ft. of commercial space, currently zoned B3-1, perfect for retail, office, or a variety of business uses. Upstairs, you'll find a large 3-bedroom apartment with generous living space, plus an additional attic area for storage or potential expansion. Ideal for investors, business owners, or those seeking live/work opportunities. Conveniently located near shopping, dining, public transportation, and major thoroughfares. Selling in as-is condition.

Property Details for 1718 West 48th Street

Area
CHI - New City
Air Conditioning Type
None
LISTING UPDATED: 11/22/2025 12:07 AM

Property Details for 1718 West 48th Street

StatusActive
MLS #12481421
Days on Market74
Taxes$2,954 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1914
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of NAIM LUXE REALTY LLC
Add your commute

Building Information for 1718 West 48th Street

Stories1Residences2Year Built1914Lot Size0.07 AC / 3,125 SF

Payment Calculator

$1,531 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,285

Property Taxes

$246

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1718 West 48th Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago South
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 124.9 x 25
  • Lot Size Square Feet: 3125.0
  • Stories: 1
  • Fire Protection: None
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2025-10-01T19:23:51
  • Photos Count: 17
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1718 West 48th Street

DateEvent & SourcePriceAppreciation
Nov 16, 2025

Price Change

MRED #12481421

$260,000
Nov 15, 2025

Price Change

MRED #12481421

$240,000
Oct 1, 2025

Listed (Active)

MRED #12481421

$270,000
DateEvent & SourcePrice
11/16/2025

Price Change

MRED #12481421

$260,000
11/15/2025

Price Change

MRED #12481421

$240,000
10/01/2025

Listed (Active)

MRED #12481421

$270,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1718 West 48th Street

Taxable ValueLand$2,500Additions$11,500Total$14,000
Tax Record2023$2,954 ($246 / month)
Home Facts
Baths2.5Total Finished SqFt5,124 SqFtAbove Grade Finished SqFt5,124 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1914CountyCOOKAPN20-07-205-036

Schools near 1718 West 48th Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 10 to 12
Public - 9 to 12
Rating
School
Distance
Richards Career Academy High School
Public9 to 12

BACK OF THE YARDS IB HS
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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1718 West 48th Street is a mixed use property for sale in Chicago, IL 60609. This property was listed for sale on October 1, 2025 by NAIM LUXE REALTY LLC, it's currently listed at $260,000. This listing's school district is Chicago Public Schools. Nearby schools include Chavez Elementary Multicultural Academy Center, Richards Career Academy High School and Peace And Education Coalition High School. 1718 West 48th Street is a 0-bed, 0-bath, mixed use property built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAIM LUXE REALTY LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/22/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.